The highest-earning Americans will get a lower tax rate and corporations will pay slightly more than in previous plans under a deal House and Senate Republicans reached on the party’s competing tax-overhaul bills.1000

The Federal Reserve said it would raise short-term interest rates for the third time this year and remained on track to chart a similar path next year, signaling continuity as the central bank enters a leadership reshuffle.

Globalization in Retreat

The rise of economic nationalism is clashing with the open-market ideals of the EU’s original founders. Member states, including France and some in the east, are introducing new rules to favor domestic production and labor.

Prime Minister Theresa May lost a crucial vote in Parliament when rebel lawmakers from her party joined the opposition in approving a measure that gives the legislature greater control over the Brexit terms.

The A-hed

Shortly after Interpublic Group’s Martin Agency pushed out one of advertising’s star creative executives, employees demanded a full accounting of why—and unleashed more allegations of sexual harassment.98

Construction-equipment dealers lobbied lawmakers crafting a final tax bill to keep them out of an exception sought by farm-equipment dealers, underscoring how a tweak for one industry can prove problematic for another.

Netflix helped spark the debate over net neutrality three years ago by raising concerns about how its internet traffic was being handled. But as the U.S. government prepares to repeal the rules on Thursday, the video giant has been less vocal on a key issue.

After disrupting the DVD rental business with its kiosks and low prices, Redbox is getting into the digital game with an offering that includes every Hollywood studio except Disney, which it’s battling in court.

Some lawmakers are calling on the Federal Communications Commission to add new safeguards against fraudulent public online comments amid an FCC vote Thursday to roll back rules that require internet-service providers to treat all web traffic equally.

Rod Rosenstein defended the probe into Russian election interference, telling Congress he was working with Robert Mueller to ensure the probe wouldn’t be affected by political affiliations of any of its prosecutors.603

Middle East Crossroads

Militants with the al-Shabaab group control roughly 30% of Somalia, one of the largest swaths of real estate in the world that remains under jihadist sway since the recent demise of Islamic State’s self-proclaimed caliphate in Iraq and Syria.